Swiss Re cites US weather for big insurance losses

FILE - This March 26, 2007, file photo shows the ferry building on Ellis Island, N.J. The National Park Service said Sunday, March 24, 2013 that the Ellis Island Immigration Museum "will not likely be open in 2013" as damage from Superstorm Sandy is repaired. The island, adjacent to the one that is home to the Statue of Liberty, sustained severe damage to its infrastructure in the October 2012 storm. (AP Photo/Mike Derer, File)